Bursa
Announcements

Transactions (Chapter 10 Of Listing Requirements): Non Related Party Transactions

Jun 12, 2012

Date Announced
:
12/06/2012  



Type
:
Announcement
Subject
:
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS

Description
:
ACQUISITION OF SUBSIDIARY BY PROMPT CAPITAL SDN BHD

Announcement Details/Table Section :

 

The Board of Directors of Ekovest Berhad ("the Company") wishes to announce that Prompt Capital Sdn Bhd, a wholly-owned subsidiary of the Company had on 12 June 2012 acquired the entire issued and paid-up share capital of Sunview Capital Sdn Bhd for a cash consideration of Ringgit Malaysia:  Two Only (RM2.00), resulting in Sunview Capital Sdn Bhd being the wholly-owned subsidiary of Prompt Capital Sdn Bhd.

Sunview Capital Sdn Bhd was incorporated on 15 May 2012, with an authorised and issued and paid-up share capital of RM100,000.00 and RM2.00 respectively, and is currently dormant.

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